Thread: Is this razor repairable?

Yes, it does appear to be shallow surface rust and should easily be cleaned off. Now, some of the rust is on the etching so you will not be able to leave that intact.
The rust can be cleaned off with a series of w/d sandpaper grits. Just be careful of the edge.

Actually, since you are new, it might be best to pay someone to clean it up with a buffer and then hone it for you. That way you can start out with a good shaver.